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Proposed scrappage scheme meets criticism

Green Cars News

An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. These payments vastly outstrip the estimated $500 a car it would cost to increase fuel economy by 10 per cent for all vehicles on the assembly line.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. It’s under the hoods of the 250 million vehicles we drive today. We can upgrade vehicles too.

Oil 252
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In certain European countries, such as Italy or the UK , passenger vehicle sales even dropped as much as 95-97%. With the global automotive industry spiraling, several reports have questioned how EVs will fare vis-à-vis the turbulence in the broader industry. As the automotive market takes a dive, EVs show strength.

Economy 52